Bitcoin faced intense selling pressure, dropping to $80,000 amid weak sentiment from US stock market corrections and reduced odds of a December rate cut. Analysts see BTC bottoming out between $73,000 and $84,000. Veteran trader Peter Brandt remains bullish, predicting a rally to $200,000 by Q3 2029. Key resistance levels for major altcoins remain critical for bullish trends.

BTC plunged to $80,600, eyeing crucial support at $73,777. Oversold RSI levels suggest a potential relief rally towards the 20-day EMA at $97,319. Ether closed below $3,000, signaling a possible drop to $2,500. XRP broke below support, facing a potential downtrend to $1.27. BNB remains under bearish control, with support at $860. Solana, Dogecoin, Cardano, Hyperliquid, Zcash, and Bitcoin Cash face varying price predictions and resistance levels.

Read more at Cointelegraph: Will Bulls Buy The Dips